8-KFiled Sep 7, 8:00 PM ET

Clearway Energy LLC Appoints New CFO; Rubenstein Transitions to CEG

Clearway Energy LLC

Research Summary

AI-generated summary of this SEC filing

Updated

Clearway Energy LLC Appoints New CFO; Rubenstein Transitions to CEG

What Happened
Clearway Energy LLC filed a Form 8‑K on September 8, 2026 announcing leadership changes in its finance function. Effective October 1, 2026, Sarah Rubenstein will leave her role as Executive Vice President and Chief Financial Officer of the Company to become Head of the Transformation Office at Clearway Energy Group LLC (CEG), focusing on digital and data transformation and integration. Steven Ryder, age 58, currently Executive Vice President and Chief Financial Officer of CEG since September 2018, will be appointed Chief Financial Officer of Clearway Energy LLC and will succeed Ms. Rubenstein as the Company’s principal financial officer on the Transition Date. The company also issued a press release about the transitions on September 8, 2026.

Key Details

  • Transition effective date: October 1, 2026.
  • Incoming CFO: Steven Ryder — EVP & CFO of CEG since Sept 2018; former CFO of Invenergy LLC (Mar 2006–Aug 2018); Princeton MPA, BS EE (Tufts), CFA, serves on ACORE board.
  • Outgoing CFO: Sarah Rubenstein — will assume role at CEG as Head of the Transformation Office (digital/data focus).
  • Ownership/related‑party context (as of June 30, 2026): CEG owned a 40.97% economic interest in the Company; CEG owned ~54.88% of the combined voting power of Clearway, Inc.’s common stock; Clearway, Inc. owned a 59.03% economic interest in the Company. The filing references related‑party disclosures required under Item 404(a) of Regulation S‑K.

Why It Matters
This is a material executive change affecting the Company’s finance leadership and principal financial officer role, with an orderly transition and a seasoned successor from the same corporate group (CEG). Ryder’s background in clean‑energy finance and capital markets suggests continuity in finance and capital‑raising capabilities. Investors should note the related‑party ownership stakes between the Company, Clearway, Inc. and CEG (disclosed in the filing) when evaluating governance and potential conflicts; the filing directs readers to existing related‑party disclosures for more detail.